v3.26.3
Fair Value of Assets and Liabilities (Financial Instruments where Carrying Amounts and Fair Values May Differ) (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Reported Value Measurement [Member]    
Assets    
Mortgage loans on real estate (net of valuation allowances) [1] $ 12,162 $ 11,104
Policy loans [1] 3,372 3,541
Funds withheld at interest [1] 8,112 8,216
Cash and cash equivalents [1] 1,974 1,708
Short-term investments [1] 52 91
Other invested assets [1] 1,363 1,271
Accrued investment income [1] 1,494 1,296
Other assets [1] 1,048 1,020
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures [1] 68 72
Liabilities    
Interest-sensitive contract liabilities [1],[2] 35,762 31,056
Funds Held under Reinsurance Agreements, Liability 10,546 6,863 [1]
Long-term debt [1] 5,310 5,710
Estimate of Fair Value Measurement [Member]    
Assets    
Mortgage loans on real estate (net of valuation allowances) 11,660 11,044
Policy loans 3,372 3,541
Funds withheld at interest 7,687 7,970
Cash and cash equivalents 1,974 1,708
Short-term investments 52 91
Other invested assets 1,059 1,051
Accrued investment income 1,494 1,296
Other assets 997 1,071
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures 100 98
Liabilities    
Interest-sensitive contract liabilities [2] 35,135 31,013
Funds Held under Reinsurance Agreements, Liability 10,340 6,681
Long-term Debt, Fair Value 5,037 5,638
Estimate of Fair Value Measurement [Member] | Fair Value Inputs Level 1 Member    
Assets    
Mortgage loans on real estate (net of valuation allowances) 0 0
Policy loans 0 0
Funds withheld at interest 0 0
Cash and cash equivalents 1,974 1,708
Short-term investments 52 91
Other invested assets 0 2
Accrued investment income 0 0
Other assets 0 0
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures 0 0
Liabilities    
Interest-sensitive contract liabilities [2] 0 0
Funds Held under Reinsurance Agreements, Liability 0 0
Long-term Debt, Fair Value 0 0
Estimate of Fair Value Measurement [Member] | Fair Value Inputs Level 2 Member    
Assets    
Mortgage loans on real estate (net of valuation allowances) 0 0
Policy loans 3,372 3,541
Funds withheld at interest 0 0
Cash and cash equivalents 0 0
Short-term investments 0 0
Other invested assets 64 68
Accrued investment income 1,494 1,296
Other assets 0 0
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures 0 0
Liabilities    
Interest-sensitive contract liabilities [2] 0 0
Funds Held under Reinsurance Agreements, Liability 0 0
Long-term Debt, Fair Value 0 0
Estimate of Fair Value Measurement [Member] | Fair Value Inputs Level 3 Member    
Assets    
Mortgage loans on real estate (net of valuation allowances) 11,660 11,044
Policy loans 0 0
Funds withheld at interest 7,687 7,970
Cash and cash equivalents 0 0
Short-term investments 0 0
Other invested assets 995 981
Accrued investment income 0 0
Other assets 997 1,071
Real Estate Investments, Unconsolidated Real Estate and Other Joint Ventures 100 98
Liabilities    
Interest-sensitive contract liabilities [2] 35,135 31,013
Funds Held under Reinsurance Agreements, Liability 10,340 6,681
Long-term Debt, Fair Value 5,037 5,638
Mortgage loans on real estate (net of valuation allowances) 12,162 11,104
Policy loans 3,372 3,541
Funds withheld at interest 7,870 8,149
Cash and cash equivalents 4,648 4,168
Short-term investments 393 346
Other invested assets 1,547 1,514
Accrued investment income 1,494 1,296
Other assets 4,106 2,916
Interest-sensitive contract liabilities 58,993 52,095
Funds Held under Reinsurance Agreements, Liability 10,168 6,805
Long-term debt 5,310 5,710
Reinsurance Recoverables, Gross $ 1,700 $ 1,900
[1] Carrying values presented herein may differ from those in the Company’s condensed consolidated balance sheets because certain items within the respective financial statement captions may be measured at fair value on a recurring basis.
[2] Carrying values and estimated fair values presented herein include a reinsurance recoverable of $1.7 billion and $1.9 billion as of September 30, 2026 and December 31, 2025